News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an update.
News Corporation has announced a buy-back program for up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move is subject to market conditions and aims to enhance shareholder value by repurchasing shares from the open market or otherwise, excluding ASX-listed CDIs. The buy-back reflects the company’s confidence in its financial position and commitment to returning capital to shareholders.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers throughout the world. The company operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services.
YTD Price Performance: 3.84%
Average Trading Volume: 158,316
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.53B
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